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RBSFY (Rubis SCA) Financial Strength : 6 (As of Jun. 2024)


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What is Rubis SCA Financial Strength?

Rubis SCA has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Rubis SCA's Interest Coverage for the quarter that ended in Jun. 2024 was 4.61. Rubis SCA's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.33. As of today, Rubis SCA's Altman Z-Score is 2.00.


Competitive Comparison of Rubis SCA's Financial Strength

For the Oil & Gas Refining & Marketing subindustry, Rubis SCA's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rubis SCA's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rubis SCA's Financial Strength distribution charts can be found below:

* The bar in red indicates where Rubis SCA's Financial Strength falls into.



Rubis SCA Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Rubis SCA's Interest Expense for the months ended in Jun. 2024 was $-60 Mil. Its Operating Income for the months ended in Jun. 2024 was $277 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,546 Mil.

Rubis SCA's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*276.931/-60.108
=4.61

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Rubis SCA's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(817.217 + 1546.327) / 7188.128
=0.33

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Rubis SCA has a Z-score of 2.00, indicating it is in Grey Zones. This implies that Rubis SCA is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rubis SCA  (OTCPK:RBSFY) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Rubis SCA has the Financial Strength Rank of 6.


Rubis SCA Financial Strength Related Terms

Thank you for viewing the detailed overview of Rubis SCA's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Rubis SCA Business Description

Traded in Other Exchanges
Address
46, rue Boissiere, Paris, FRA, 75116
Rubis SCA specializes in bulk liquid storage and the distribution of petroleum products. The company's operated businesses are Rubis Terminal, Rubis Energie, and Rubis Support and Services. Rubis Terminal stores, and Rubis Renouvelables. Its customers include energy and chemical groups, energy traders, and hypermarkets. The company's business segments are; Energy Distribution and Renewable Electricity Production. The majority of its revenue is generated from the Energy Distribution segment, which includes the retail and distribution of fuels, heating oils, lubricants, liquefied gases, and bitumen, as well as logistics, which includes trading supply, refining activity, and shipping. Geographically, the company derives maximum revenue from the Caribbean followed by Africa and Europe.

Rubis SCA Headlines

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